Imperial Oil (IMO) to Release Earnings on Friday

Imperial Oil (NYSEAMERICAN:IMO - Get Free Report) TSE: IMO is projected to announce its Q2 2025 earnings results before the market opens on Friday, August 1st. Analysts expect the company to announce earnings of $1.22 per share and revenue of $11.61 billion for the quarter.

Imperial Oil Stock Performance

NYSEAMERICAN:IMO traded down $0.41 during mid-day trading on Friday, hitting $83.68. 364,459 shares of the company's stock traded hands, compared to its average volume of 334,886. The firm has a 50 day moving average of $77.99 and a two-hundred day moving average of $71.06. Imperial Oil has a 12 month low of $58.76 and a 12 month high of $85.02. The firm has a market capitalization of $42.60 billion, a price-to-earnings ratio of 12.51 and a beta of 0.89. The company has a current ratio of 1.48, a quick ratio of 1.22 and a debt-to-equity ratio of 0.16.

Imperial Oil Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 1st. Shareholders of record on Wednesday, June 4th were given a $0.523 dividend. The ex-dividend date was Wednesday, June 4th. This represents a $2.09 dividend on an annualized basis and a dividend yield of 2.50%. This is an increase from Imperial Oil's previous quarterly dividend of $0.50. Imperial Oil's dividend payout ratio (DPR) is currently 31.87%.

Institutional Investors Weigh In On Imperial Oil

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. AQR Capital Management LLC grew its position in Imperial Oil by 5.0% in the first quarter. AQR Capital Management LLC now owns 34,218 shares of the energy company's stock worth $2,475,000 after acquiring an additional 1,627 shares in the last quarter. NewEdge Advisors LLC increased its stake in shares of Imperial Oil by 54.7% during the first quarter. NewEdge Advisors LLC now owns 11,887 shares of the energy company's stock valued at $860,000 after purchasing an additional 4,201 shares in the last quarter. Finally, Focus Partners Wealth bought a new position in shares of Imperial Oil during the first quarter valued at approximately $200,000. Institutional investors own 20.74% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Desjardins lowered Imperial Oil from a "hold" rating to a "strong sell" rating in a report on Tuesday, June 3rd. Raymond James Financial downgraded Imperial Oil from a "moderate buy" rating to a "hold" rating in a research note on Thursday, July 3rd. Royal Bank Of Canada reaffirmed a "sector perform" rating and issued a $101.00 target price on shares of Imperial Oil in a research report on Thursday, April 3rd. Wolfe Research downgraded Imperial Oil from an "outperform" rating to a "peer perform" rating in a research report on Wednesday. Finally, The Goldman Sachs Group downgraded Imperial Oil from a "neutral" rating to a "sell" rating in a research report on Thursday, March 27th. Three equities research analysts have rated the stock with a sell rating and five have issued a hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $105.50.

About Imperial Oil

Imperial Oil Limited engages in exploration, production, and sale of crude oil and natural gas in Canada. The company operates through three segments: Upstream, Downstream and Chemical segments. The Upstream segment explores and produces crude oil, natural gas, synthetic crude oil, and bitumen. The Downstream segment transports and refines crude oil, blends refined products, and distributes and markets of refined products.